IFRS Financial instruments: fair value and amortised cost – Exam not included

Course Structure

This eLearn introduces the following topics:

• Introduction
• Amortised cost
• Fair value
• Disclosures

Should Attend

This course is intended for professionals in financial and actuarial functions within banks.

Prerequisites

There are no prerequisites to follow this eLearn

Assessment

Exam Not Included

Key-Features

Detailed objectives:

A) Amortised cost:

• Understand the concept of amortised cost measurement and the importance of the effective interest rate method.
• Obtain an understanding of how to calculate amortised cost.

B) Fair Value:

• Understand the concept of fair value.
• Describe the different valuation techniques and the factors that should be considered in fair value measurement.
• Identify various levels of the fair value hierarchy.

C) Disclosures:

• Explain fair value disclosure requirements under IFRS 13.
• Explaining IFRS 13 disclosure requirements for fair value measurements.